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Are Starter Homes a Thing of the Past?

Pro Builder

According to the New York Times, as recently as 25 years ago, builders were able to sell newly built houses of 1,400 square feet with two to three bedrooms for $125,000 or less. In addition, communities–and economics–are requiring that new homes be larger and hence, more expensive. Housing Policy + Finance.

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How Down Payment Loans Affect the Housing Market

Pro Builder

Many first time buyers depend on mortgage loans financed by the Federal Housing Administration, whereas sellers in a tight market are looking for home shoppers with the “highest down payment, a near perfect credit score, and the ability to outbid others,” according to Zonda Chief Economist Ali Wolf. . New-Home Marketing.

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

Central Park Tower, New York City. For the second straight year, the world has seen a decrease in the number of tall buildings completed, according to a new report from the Council on Tall Buildings and Urban Habitat (CTBUH). Photo by Itrytohelp32 , CC BY-SA 4.0.

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. FINANCING & GRANTS. Eligible applicants include New York State manufacturers that employ fewer than 500 workers. The maximum award is a $50,000 grant.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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What were the "Experts" thinking?

PSMJ Resources

Some of these problems are simply a failure of supposedly responsible individuals not following long established and fundamental financing practices. One of the basic rules in financing any purchase is that you match the length of the financing to the usable life of the assets. The simplest example is car financing.

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